Colorado sets record with $2.22 billion in marijuana sales last year

1w
2m read
Summary

The data spawns from the state’s marijuana sales reports, which track monthly sales made by both medical and retail marijuana stores by county. The new milestone follows a trend that’s grown since marijuana sales started in January 2014. Colorado’s marijuana industry can celebrate 2021 as a record-breaking year with over $2.22 billion in sales. Adam Goers, Columbia Care’s senior vice president of corporate affairs, sees the 2021 marijuana sales surge as more than taxes for the state government — it offers jobs for Coloradans. Colorado’s government has amassed over $2 billion in tax and fee revenue collections since February 2014.

Article Preview

Colorado’s marijuana industry can celebrate 2021 as a record-breaking year with over $2.22 billion in sales.

The new milestone follows a trend that’s grown since marijuana sales started in January 2014. Each calendar year has welcomed higher numbers, with the latest bar set in 2020 at over $2.19 billion, the state’s Revenue Department reports.

“We’ve hit a record each year since sales began,” said Shannon Gray, marijuana communications specialist at the department’s Marijuana Enforcement Division. Thursday’s announcement “isn’t really out of the ordinary, but more notable that we continue year after year to see an increase.”

In...

Read the full article @ Denver Post